UPM-Kymmene Corporation        Managers’ Transactions                27 July 2022 at 11:00 EEST

UPM-Kymmene Corporation: Managers’ Transactions (Wahlroos)

UPM-Kymmene Corporation has on 26 July 2022 received the following notification:

____________________________________________
Person subject to the notification requirement
Name: Columba AS
Position: Closely associated person
(X) Legal person

(1):Person Discharging Managerial Responsibilities In Issuer
Name: Björn Wahlroos
Position: Chairman of the Board

Issuer: UPM-Kymmene Corporation
LEI: 213800EC6PW5VU4J9U64
Notification type: INITIAL NOTIFICATION
____________________________________________
Transaction date: 2022-07-22
Venue: NASDAQ HELSINKI LTD (XHEL)
Instrument type: SHARE
ISIN: FI0009005987
Nature of the transaction: ACQUISITION

Transaction details
(1): Volume: 200,000 Unit price: 29.0767 EUR
Aggregated transactions
(1): Volume: 200,000 Volume weighted average price: 29.0767 EUR
____________________________________________
Transaction date: 2022-07-25
Venue: NASDAQ HELSINKI LTD (XHEL)
Instrument type: SHARE
ISIN: FI0009005987
Nature of the transaction: ACQUISITION

Transaction details
(1): Volume: 200,000 Unit price: 29.44143 EUR
Aggregated transactions
(1): Volume: 200,000 Volume weighted average price: 29.44143 EUR
____________________________________________
Transaction date: 2022-07-26
Venue: NASDAQ HELSINKI LTD (XHEL)
Instrument type: SHARE
ISIN: FI0009005987
Nature of the transaction: ACQUISITION

Transaction details
(1): Volume: 200,000 Unit price: 29.4609 EUR
Aggregated transactions
(1): Volume: 200,000 Volume weighted average price: 29.4609 EUR
____________________________________________

In total, acquisitions reported above are 600,000 shares.

UPM-Kymmene Corporation
Pirkko Harrela
Executive Vice President, Stakeholder Relations

UPM, Media Relations
Mon-Fri 9:00-16:00 EET
tel. +358 40 588 3284
media@upm.com

UPM
We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. As the industry leader in responsibility, we are committed to the UN Business Ambition for 1.5°C and the science-based targets to mitigate climate change. We employ 17,000 people worldwide and our annual sales are approximately EUR 9.8 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore – Beyond fossils. www.upm.com

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